Ant Group and other online lenders will be forced to have more skin in the game when they make loans with banks, dealing a blow to a burgeoning business that helped drive Chinese consumer spending in recent years.
source https://www.wsj.com/articles/chinas-online-lending-curbs-to-hit-big-tech-firms-and-regional-banks-11613992441?mod=pls_whats_news_us_business_f
No comments:
Post a Comment